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Realty stocks battered, Unitech down by over 51%

October 25, 2008 – 2:48 am

Real estate sector was the biggest loser in today’s stock market plunge, led by country’s second largest firm Unitech that witnessed a sharp fall of over 51%.
The realty index witnessed a 24.4% decline, which is more than double the benchmark index Sensex fall of nearly 11%. The index has fallen by 31 per cent in [...]

By Rajani | Posted in Real Estate News | Also tagged Benchmark Index, Biggest Loser, Bombay Stock Exchange, Dlf, Greater Noida Development, Greater Noida Development Authority, HDIL, Lifespace, Mahindra, Market Capitalization, Noida Development Authority, Omaxe, Parsvnath, Phoenix Mills, Real Estate Sector, Realty Stocks, Sobha Developers, Stock Market Plunge | Comments (0)

Slowdown And Falling Market Demolish Real Estate Stocks

June 3, 2008 – 12:52 am

The uncertainty in the capital market has hit realty stocks the hardest.
The BSE realty index is the worst performer this year, having shed 51% of its 52-week peak reached in January.
With increasing evidence of a slowdown in the realty sector, rising input costs and little chances of interest rate softening, experts feel realty stocks may [...]

By Rajani | Posted in Real Estate News | Also tagged Agrawal, Angel Broking, Benchmark Index, Capital Goods, Consumer Durables, Gas Index, Gurgaon, Hitesh, Inflation Rate, Input Costs, Negative News, Noida, Omaxe, Parsvnath, Power Stocks, Real Estate Sector, Realty Stocks, Sensex | Comments (2)